Financial Sector Recruitment for tomorrow
WORK to maintain sea defences at Poole’s Whitecliff Recreation Ground will be carried out following damage to the sea wall exacerbated by the recent storms.
The verge widening scheme at the junction of Cloyfin Road with the Ballywatt Road and the Ballyhome Road will extend for 850 metres.
“In terms of the credit cycle and credit crisis, certainly if we knew then
what we knew today, and had the powers and organisational structures that
we’re putting in place ... we could have moved maybe towards Canadian
outcomes [which was largely shielded from the most damaging effects of the
crisis], with less of the severe tail that we’ve experienced over the last
five years,” he said.
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In 2011, when it was first made available to savers, experts praised the
fund’s radical fee structure. It charged a fee of 0.25pc a year, which is
much lower than the typical total cost of about 1pc a year to invest in a
fund run by a professional.
The body representing staff at Credit Suisse and other Swiss banks reacted
with astonishment to Mr Dougan's comments, saying it was "hardly credible"
that the bank's bosses knew nothing of the practices.